“Security in parts of the Niger delta remains a major concern with persisting incidents of criminality, kidnapping and vandalism as well as onshore and offshore piracy,” said Igo Weli, general manager for external relations at Royal Dutch Shell Plc’s local unit.
The warning underlines the...
Iraq on Thursday took the first step towards taking over the giant Majnoon oilfield following the pullout of Anglo-Dutch giant Shell, Oil Minister Jabbar al-Luaibi said. Luaibi said a committee was formed to “start taking over all responsibilities and documents from Shell which decided to...
An Italian judge has ordered Royal Dutch Shell and Eni to stand trial over alleged corruption in Nigeria with the CEO of Eni among past and present managers involved, legal sources told Reuters on Wednesday.
The case involves the 2011 purchase by Eni and Shell of Nigeria’s OPL-245 offshore...
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Anglo-Dutch oil major Royal Dutch Shell has started gas production from the second phase of the Gbaran-Ubie project in Nigeria’s Niger Delta, the company said on Wednesday.
The project is an expansion of the Gbaran-Ubie development which opened in June 2010.
Shell, through its Shell...
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Royal Dutch Shell lifted force majeure on exports of Nigeria's Forcados crude oil, a spokeswoman said on Wednesday, bringing all of the West African country's oil exports fully online for the first time in 16 months.
The resumption of Forcados, which typically exports 200,000-240,000 barrels...
The tribal king of the land of Ogale in Bayelsa, HRH Emere Godwin Bebe Okpabi, has dragged the oil giant, Royal Dutch Shell to a London court after a devastation of Niger Delta community by oil spills.
WATCH VIDEO:
Over the last five decades, Niger Delta has given multinational oil...
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Royal Dutch Shell over the weekend, confirmed plans to sell over 16 assets each worth more than $500 million.
Though the report had no mention of what location or country which its assets is up for sale, but explained that the move is part of its vast $30 billion three-year asset sales...
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Royal Dutch Shell has announced on Wednesday of plans to cut 2,200 job as it attempts to cope with "lower for longer oil."
The latest round of cuts brings total job losses at the company to 12,500 since the start of 2015.
The Anglo-Dutch firm said the move is aimed at ensuring it's competitive...
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